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The Impact Of The Spring Training Delay On Valley Businesses

After failing to reach an agreement over a labor dispute, Major League Baseball said Tuesday evening that opening day would be canceled and that more regular-season games will be canceled. Commissioner Rob Manfred has announced that the first two series of the season, which were scheduled to begin on March 31, would be canceled, reducing …

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The Fdic Has Given Gainey Business Bank Preliminary Approval To Open In Scottsdale

Gainey Business Bank, a startup bank, has received conditional approval to begin operations in Scottsdale, pending the completion of a capital increase and other standard regulatory conditions. Gainey Business Bank received “in organization” status from the Arizona Department of Financial Institutions in 2018 and has been working with the Federal Deposit Insurance Corporation, the nation’s …

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Scottsdale Revenues Are Growing, But So Are Capital Project Costs

According to Scottsdale City Treasurer Sonia Andrews, consumer spending is high and filling the city’s coffers, but the same cannot be true for revenue from construction sales taxes. Andrews informed City Council last week that between Nov. 1 and Dec. 24, Mastercard Spending Pulse – which tracks all payment methods, not just Mastercard – showed …

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Scottsdale Community Bank Is The First Bank To Open In Arizona In 14 Years

Scottsdale Community Bank, a startup bank that has been planning its launch for years, obtained its state charter on Monday, making it Arizona’s first de novo bank in 14 years. SCB gained conditional approval in 2020 and has been gathering funds to prepare for operations ever since, bringing in more than $19 million in the …

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More Industrial Buildings Are Being Purchased By A Scottsdale Investment Organization

Hanson Capital Group of Scottsdale, which has been focusing on buying low-coverage industrial real estate throughout the Valley, closed on a few more properties in the fourth quarter of 2021 and is now raising money for its third investment fund. According to Chris Hanson, founder of Hanson Capital Group, the company expects to close on …

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Design Pickle, A Design Studio Based In Scottsdale, Has Raised $25 Million In Growth Financing

Design Pickle, a Scottsdale-based visual design studio and digital platform that has been bootstrapping since its founding in 2015, said Monday that it has raised $25 million from Colorado River Partners. Using Design Pickle, clients can get access to an unlimited number of graphic design services on a monthly subscription basis. Customers can get help …

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